Latest Scandinavian Financing News

Copenhagen FinTech aims at more continuous presence in Singapore

The largest ever Fintech delegation from Denmark visited Singapore FinTech Festival (SFF) in November, comprising a total of 30 companies and 60+ people, exhibiting in the dedicated Danish booth area. At SFF, the world’s largest Fintech event, Denmark’s Ambassador Dorte Bech Vizard cut the ribbon, assisted by Copenhagen Fintech Association’s CEO Thomas Krogh Jensen. Copenhagen…

Swedish hub Findec partners up in Singapore, eyes Asean

During the recent Singapore Fintech Festival (SFF) Sweden’s Stockholm-based hub for Fintech companies, Findec, signed a partnership, MoU, with Singapore Fintech Association (SFA). “The purpose with this collaboration is to open up a bridge between Singapore and Sweden so that we can work better; share information, technology and companies; and ensure a better business flow…

Cambodian government reserved $3billion in case EU withdraws EBA agreement

The Cambodian government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. “The government did not spend all of the revenue collected from taxes. The state has enough savings to deal with any possible crisis in the future.” Mr. Hav…

Nordic Innovation House Singapore reception celebrated partnership success

As the week-long Nordic activities was drawing to a close in Singapore–probably the most important week of year for the Nordics in Singapore–during Singapore FinTech Festival (SFF) x Singapore Week of Innovation and TeCHnology (SWITCH), a Nordic Innovation House reception took place at the Swedish Ambassador HE Mr Niclas Kvarnström’s Residence. All the participants in…

SFF x SWITCH: Nordic start-up pitches, Singapore Fintech Association partnership

As Singapore FinTech Festival (SFF) x Singapore Week of Innovation and TeCHnology (SWITCH) came together for the first time in 2019 the Nordic countries were present in full force, including this year also five start-ups from Iceland. Ambassador of Iceland to Singapore, Ms. Sigríður Á. Snævarr, were in attendance and also hosted a welcome reception…

Norwegian William Klippgen heads a new fund of NOK 190 million in Singapore.

Norwegian technology founder and investor William Klippgen, who lives in Singapore, and British angel investor Michael Blakey has set up a Singapore-based fund of $ 22 million – equivalent to NOK 190 million. A number of other Norwegian investors, including former Lazada president Stein Jakob Øie, McKinsey’s Asia chief Oliver Tonby and Creandum partner Martin…

Swedes launch lending platform in Singapore, target Southeast Asia

Lendela, set up in 2018 in Singapore by founders from Sweden and global fintech group Zentro, forms proof of how Singapore is a preferred hub also for start-ups when it comes to entering the Southeast Asian market. And with the right business model local financing can, it appears, easily be obtained. Lendela is in the…

Singapore FinTech Festival a big draw also for the Nordics

Singapore FinTech Festival 2018 (the biggest such event in the world), which drew close to 45,000 participants from almost 130 countries, included significant participation from the Nordic countries. Both Denmark and Sweden came with delegations (Sweden also with two days in Kuala Lumpur) The flagship Singapore event provides a global platform for the FinTech community…

Inaugural China-Denmark Blockchain Experts’ Dialogue

On behalf of the European Blockchain Centre at IT University of Copenhagen and the Tech Ambassador of Denmark, the Innovation Centre Denmark in Shanghai on 13-16 November arranged the first “China-Denmark Blockchain Experts’ Dialogue” – held in in Shanghai, Hangzhou and Suzhou. Danish companies, start-ups and universities participated, where the purpose of the dialogue-tour was…

EU Chamber China President Mats Harborn met China Banking Commission

On 20th November, European Chamber President Mats Harborn led a small delegation to meet with Wang Zhaoxing, Vice Chairman of the newly formed China Banking and Insurance Regulatory Commission (CBIRC), and presented European Business in China Position Paper 2017/2018 to him. Vice Chairman Wang reiterated China’s commitment to far reaching reform in the banking and…